Google, Yahoo, Twitter Have Had Talks to Buy Flipboard--Update

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Yoree Koh And Douglas MacMillan Several Internet giants have inquired about buying Flipboard Inc., maker of a newsreader app that has recently signaled it is open to acquisition discussions, according to people familiar with the matter. In recent weeks, ...

Vox Media to Acquire Tech Website Re/code

TODAY: May 27, 2015 PUB DATE: May 27, 2015

Vox Media said Tuesday it is acquiring Revere Digital, parent company of the technology news website and conference business Re/code. Re/code will continue as its own entity under the Vox Media umbrella, which encompasses seven other news sites that focus ...

Oil Marginally Higher but Strong Dollar Weighs

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Eric Yep Oil prices were marginally higher in Asian trade Wednesday, attempting a rebound after sharp losses of nearly 3% in the previous session on the back of a strong U.S. dollar. On the New York Mercantile Exchange, light, ...

Deal Reunites Charter Chief With Time Warner Cable

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Joe Flint Two years ago, Charter Communications Inc. Chief Executive Tom Rutledge predicted that the cable business would soon be down to two big players. Now, he's in line to run one of them. Mr. Rutledge will be the ...

Universal Studios Japan Plans Tokyo Listing

TODAY: May 27, 2015 PUB DATE: May 27, 2015

HONG KONG—The operator of the Universal Studios Japan theme park in Osaka plans to list on the Tokyo Stock Exchange as early as September, a person with knowledge of the deal said. USJ Co. has a current valuation of around ...

Malaysia April Inflation Within Expectations, Central Bank Says

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Jason Ng KUALA LUMPUR, Malaysia--Malaysia's central bank chief said Wednesday the higher rate of inflation for April was within its expectations and that it is likely stay around 2% for the rest of the year. The consumer-price index--the country's ...

IAG Expects Near-Term Boost From Aer Lingus

TODAY: May 27, 2015 PUB DATE: May 27, 2015

LONDON—British Airways parent International Consolidated Airlines Group S.A. expects the purchase of Aer Lingus PLC to boost earnings soon after the deal closes and that the Irish carrier would meet group-wide earnings targets. Aer Lingus would be earnings accretive in ...

Altice Not Ready for TWC Merger

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Ruth Bender PARIS-- Altice SA wasn't ready to launch itself into a merger with Time Warner Cable Inc., Executive Chairman Patrick Drahi said at a hearing before French lawmakers Wednesday. "I didn't respond to the rumors in the press ...

Coke Says It Is Ready To Let In Monster

TODAY: May 27, 2015 PUB DATE: May 27, 2015

(FROM THE WALL STREET JOURNAL 5/27/15) By Mike Esterl It took Coca-Cola Co. years to decide to buy a stake in Monster Beverage Corp. Now as it prepares to assume 16.7% of the edgy energy-drink company early next month, it's ...

U.K. Government to Lay Out Legislative Agenda Wednesday

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Jenny Gross LONDON--British Prime Minister David Cameron's government said plans to reduce taxes for low-income workers will be among the measures it will lay out on Wednesday in its legislative agenda for the parliamentary session. The government's agenda, which ...

Deal Reunites Charter Chief With TWC

TODAY: May 27, 2015 PUB DATE: May 27, 2015

(FROM THE WALL STREET JOURNAL 5/27/15) By Joe Flint Two years ago, Charter Communications Inc. Chief Executive Tom Rutledge predicted that the cable business would soon be down to two big players. Now, he's in line to run one of ...

Australian Construction Activity Falls on Mining Downturn

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By James Glynn SYDNEY--The total value of construction work completed in Australia in the first quarter fell, dragged down by an accelerating decline in mining-related investment. Construction activity dropped by 2.4% from the fourth quarter of last year to A$48.4 ...

Orange Gets Green Light from Spanish Regulator for Jazztel Buy

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By William Horobin PARIS--French telecommunications company Orange SA (ORA.F) said Wednesday that the Spanish Securities Commission has authorized its tender offer to buy Spanish broadband and cellphone operator Jazztel (JAZ.MC). The 3.4 billion euro ($3.72 billion) offer will be open ...

Net trade surplus at SEK 5.7 billion in April

TODAY: May 27, 2015 PUB DATE: May 27, 2015

Statistical news from Statistics Sweden 2015-05-27 9:30 AM Nr 2015:619 Exports, imports and net trade balance, April 2015: Net trade surplus at SEK 5.7 billion in April In April 2015 Swedish exports of goods amounted to SEK 99.0 billion, while ...

AbbVie Accelerates Share Buybacks After Wrapping Up Pharmacyclics Deal

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Lisa Beilfuss AbbVie Inc. on Wednesday said it would repurchase $5 billion in shares from Morgan Stanley, following the completion of its Pharmacyclics Inc. acquisition. In March, the Chicago pharmaceutical company unveiled plans to buy blood cancer-focused Pharmacyclics for ...

Oil Prices Rise Ahead of Supply Data

TODAY: May 27, 2015 PUB DATE: May 27, 2015

LONDON—Oil prices rose on Wednesday ahead of key U.S. supply data as the market attempted a rebound from the sharp losses in the previous session caused by the strong dollar. Brent crude for July delivery recently rose 0.9% to $64.30 ...

Samsung Moves Raise Governance Concerns

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Jonathan Cheng And Min-Jeong Lee SEOUL--Samsung's maneuvers to increase heir apparent Jay Y. Lee's stake in the family-run conglomerate's crown jewel, Samsung Electronics Co., underscore corporate-governance concerns that critics say continue to plague South Korea. On Tuesday, Samsung Group ...

FTC Clears Reynolds-Lorillard Deal

TODAY: May 27, 2015 PUB DATE: May 27, 2015

U.S. antitrust enforcers on Tuesday cleared Reynolds American Inc. to proceed with its $25 billion acquisition of Lorillard Inc., ending months of uncertainty about whether the government would allow the second- and third largest U.S. cigarette makers to combine. Reynolds ...

Crescent Point to Buy Legacy Oil + Gas

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Carolyn King Crescent Point Energy Corp. said Tuesday it would acquire junior oil and gas producer Legacy Oil + Gas Inc. for about 563 million Canadian dollars ($457 million) in shares, boosting its position in southeast Saskatchewan and giving ...

Google, Yahoo, Twitter Have Had Talks to Buy Flipboard

TODAY: May 27, 2015 PUB DATE: May 27, 2015

By Yoree Koh And Douglas MacMillan Several Internet giants have inquired about buying Flipboard Inc., maker of a newsreader app that has recently signaled it is open to acquisition discussions, according to people familiar with the matter. In recent weeks, ...